Revenue
55.0% of Montenegro's revenue
12,148 companies earned 9.71b€ in 2025, 55.0% of all company revenue in Montenegro. It ranks 1 of 25 municipalities by revenue. Revenue has grown 2.7× since 2015.
55.0% of Montenegro's revenue
67.7 per 1,000 residents · Montenegro 57.3
Largest employer: Idea - CG (2,426)
Total profit: 748.64m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 3,587,068,765€ | 5,044 |
| 2016 | 4,096,949,470€ | 5,487 |
| 2017 | 4,709,755,484€ | 6,109 |
| 2018 | 5,118,600,583€ | 6,927 |
| 2019 | 5,323,922,814€ | 7,518 |
| 2020 | 4,709,522,069€ | 8,027 |
| 2021 | 5,608,587,707€ | 8,567 |
| 2022 | 6,799,397,294€ | 9,638 |
| 2023 | 8,203,771,212€ | 11,057 |
| 2024 | 8,801,908,063€ | 11,952 |
| 2025 (Preliminary) | 9,708,565,989€ | 12,148 |
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 851–900 of 12,148
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 851 | Apoteka 36,602348306 · Trade | <0.1% | 1,226,965€ | +8.6% | 62,271€ | 5.1% | 7 | 994€ |
| 852 | Autobuska Stanica - Herceg Novi03159990 · Transport & logistics | <0.1% | 1,226,403€ | -2.6% | -97,438€ | -7.9% | 15 | 831€ |
| 853 | Gradska Apoteka03592090 · Trade | <0.1% | 1,224,942€ | +25.6% | 36,872€ | 3.0% | 6 | 1,075€ |
| 854 | VD Fruit02837609 · Trade | <0.1% | 1,223,708€ | +32.5% | 90,620€ | 7.4% | 3 | 650€ |
| 855 | Animavet02364573 · Professional services | <0.1% | 1,222,587€ | +7.4% | 114,482€ | 9.4% | 10 | 1,247€ |
| 856 | Prowellness Montenegro02658682 · Trade | <0.1% | 1,220,616€ | -29.8% | 109,336€ | 9.0% | 4 | 1,313€ |
| 857 | Capital Group02920115 · Professional services | <0.1% | 1,219,407€ | +32.0% | 216,859€ | 17.8% | 35 | 1,094€ |
| 858 | Auto-Babović02424169 · Trade | <0.1% | 1,218,460€ | +32.8% | 15,586€ | 1.3% | 3 | 754€ |
| 859 | Mir Capital03159523 · Trade | <0.1% | 1,217,023€ | +10.6% | 54,513€ | 4.5% | 8 | 820€ |
| 860 | 4sec02903237 · Technology | <0.1% | 1,213,409€ | +0.7% | 424,374€ | 35.0% | 1 | 9,566€ |
| 861 | Big Mne03288404 · Real estate | <0.1% | 1,213,039€ | +6.4% | 52,679€ | 4.3% | 10 | 2,661€ |
| 862 | Li Commerce02052237 · Trade | <0.1% | 1,212,903€ | +70.2% | 139,571€ | 11.5% | 6 | 1,423€ |
| 863 | MD Project Biro02739461 · Professional services | <0.1% | 1,212,340€ | -32.5% | 196,985€ | 16.2% | 7 | 2,782€ |
| 864 | A-Klima02987945 · Construction | <0.1% | 1,211,210€ | +80.3% | 213,127€ | 17.6% | 13 | 906€ |
| 865 | International Student Exchange Montenegro02864070 · Education | <0.1% | 1,210,374€ | +37.7% | 34,547€ | 2.9% | 7 | 2,876€ |
| 866 | NLB Real Estate03031756 · Real estate | <0.1% | 1,209,515€ | -40.9% | -239,139€ | -19.8% | 5 | 6,921€ |
| 867 | Gufo02140845 · Hospitality | <0.1% | 1,209,401€ | +16.3% | 47,940€ | 4.0% | 11 | 1,214€ |
| 868 | Creative Group Aquarius02960966 · Professional services | <0.1% | 1,208,291€ | +9.8% | 137,155€ | 11.4% | 5 | 1,971€ |
| 869 | Customertimes Montenegro03413616 · Technology | <0.1% | 1,208,079€ | -42.5% | 2,583€ | 0.2% | 54 | 1,375€ |
| 870 | Anni Engineering03068293 · Professional services | <0.1% | 1,206,993€ | -43.9% | 119,260€ | 9.9% | 32 | 915€ |
| 871 | Tuplex Materia03030245 · Trade | <0.1% | 1,206,164€ | +22.3% | 98,605€ | 8.2% | 6 | 1,728€ |
| 872 | United Kids International Montenegro03195180 · Education | <0.1% | 1,203,163€ | +12.8% | 201,489€ | 16.7% | 46 | 1,169€ |
| 873 | Urbi.Pro03059847 · Professional services | <0.1% | 1,203,118€ | +16.5% | 242,689€ | 20.2% | 15 | 1,555€ |
| 874 | Termoelektro-Mont02303124 · Manufacturing | <0.1% | 1,202,292€ | -11.3% | 246,432€ | 20.5% | 23 | 2,039€ |
| 875 | Auto Protect03344495 · Professional services | <0.1% | 1,201,260€ | +38.4% | 40,874€ | 3.4% | 5 | 1,029€ |
| 876 | Envision Energy (montenegro)03080854 · Construction | <0.1% | 1,196,864€ | -19.0% | 497,842€ | 41.6% | 1 | 2,228€ |
| 877 | Ekonomik Accountants02468522 · Professional services | <0.1% | 1,192,296€ | -9.5% | 500,045€ | 41.9% | 18 | 1,630€ |
| 878 | Guberinić Company03477258 · Trade | <0.1% | 1,191,609€ | +314.5% | 54,135€ | 4.5% | 2 | 750€ |
| 879 | Savjetnik02796805 · Trade | <0.1% | 1,191,588€ | -22.6% | 29,669€ | 2.5% | 2 | 376€ |
| 880 | Denikoo02067528 · Professional services | <0.1% | 1,190,422€ | +67.5% | 123,196€ | 10.3% | 15 | 1,157€ |
| 881 | Hemera02863600 · Hospitality | <0.1% | 1,185,464€ | -2.6% | 17,189€ | 1.4% | 30 | 1,252€ |
| 882 | Marla Travel02769204 · Administrative services | <0.1% | 1,184,872€ | +74.7% | 40,747€ | 3.4% | 2 | 1,293€ |
| 883 | C & D Inženjering02371928 · Construction | <0.1% | 1,183,980€ | +161.1% | 282,778€ | 23.9% | 10 | 1,130€ |
| 884 | CDS Project02625652 · Professional services | <0.1% | 1,183,515€ | +442.5% | 24,237€ | 2.0% | 4 | 4,484€ |
| 885 | Hemofarm02625288 · Trade | <0.1% | 1,180,000€ | -9.2% | 16,286€ | 1.4% | 9 | 5,091€ |
| 886 | Poliklinika Filipović02422891 · Health & social care | <0.1% | 1,179,932€ | +51.2% | 74,883€ | 6.3% | 30 | 1,545€ |
| 887 | Premium Les03121046 · Manufacturing | <0.1% | 1,179,800€ | +336.6% | 150,033€ | 12.7% | 13 | 1,216€ |
| 888 | As Energy03528219 · Professional services | <0.1% | 1,178,787€ | +88.2% | 10,997€ | 0.9% | 2 | 2,627€ |
| 889 | Tuegra02446570 · Trade | <0.1% | 1,176,923€ | +14.2% | 64,702€ | 5.5% | 5 | 1,132€ |
| 890 | Fast Drinks03407616 · Trade | <0.1% | 1,176,409€ | +5.7% | 1,684€ | 0.1% | 3 | 1,107€ |
| 891 | Greener03361004 · Professional services | <0.1% | 1,176,378€ | +90.5% | 205,371€ | 17.5% | 4 | 2,974€ |
| 892 | Exclusive Mobile02679035 · Trade | <0.1% | 1,175,791€ | +30.2% | 45,430€ | 3.9% | 28 | 693€ |
| 893 | Zan Co02358573 · Construction | <0.1% | 1,175,383€ | -81.0% | 149,204€ | 12.7% | 2 | 1,501€ |
| 894 | Fidas02881713 · Professional services | <0.1% | 1,173,980€ | +4.8% | 73,146€ | 6.2% | 5 | 3,011€ |
| 895 | Roaming Electronics03145042 · Trade | <0.1% | 1,173,869€ | -28.1% | 25,392€ | 2.2% | 1 | 1,143€ |
| 896 | Kvantum Sport Ua03354512 · Trade | <0.1% | 1,173,364€ | +31.6% | 279,059€ | 23.8% | 8 | 1,056€ |
| 897 | Veletrans CG03133079 · Construction | <0.1% | 1,172,659€ | +43.6% | 103,361€ | 8.8% | 6 | 641€ |
| 898 | Was - Design02895145 · Manufacturing | <0.1% | 1,171,575€ | +26.5% | 63,214€ | 5.4% | 17 | 968€ |
| 899 | Braća Despot02631962 · Manufacturing | <0.1% | 1,167,962€ | +55.1% | 189,179€ | 16.2% | 11 | 1,568€ |
| 900 | Sim Group03038505 · Construction | <0.1% | 1,162,887€ | -6.2% | 193,449€ | 16.6% | 5 | 317€ |